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OPEC TECHNICAL MEETING
OPEC+ trims 2022 oil market surplus forecast in latest dataThe data - part of a report the Joint Technical Committee (JTC) prepares for OPEC+ ministers - also shows stocks in the developed world sta...27 Feb, 2022, 05.53 PM IST- OPEC+ reconvenes after wrangling over production riseThursday was a busy day of video-conferencing for the alliance's ministers, starting with a meeting between the 13 members of OPEC proper l...02 Jul, 2021, 09.32 PM IST
- OPEC told to expect limited US oil output growth, for now: Sourcesfficials from OPEC's Economic Commission Board (ECB) and external presenters attended a meeting on Tuesday focused on US output, the source...18 Jun, 2021, 07.08 PM IST
- Oil rebounds to $66 ahead of OPEC+ meeting, India's Covid surge weighsOPEC and allies will hold a monitoring meeting on Tuesday instead of April 28 as planned earlier. A technical meeting on Monday had voiced ...27 Apr, 2021, 02.54 PM IST
- Crude oil gains ahead of OPEC+ meeting on output policyOPEC+ is currently curbing output by just over 7 million bpd to support prices and reduce oversupply.01 Apr, 2021, 08.28 AM IST
- OPEC+ will ensure oil prices do not plunge again, says OPEC chief"We have to be realistic that this recovery is not picking up pace at the rate that we expected earlier in the year," he said. "Demand itse...15 Oct, 2020, 06.35 PM IST
- OPEC+ compliance with oil output cuts in July around 97%: SourcesThe Organization of the Petroleum Exporting Countries and allies including Russia, a group known as OPEC+, have been cutting output by a re...17 Aug, 2020, 10.40 PM IST
- Oil slips as traders eye supply cut easing at Opec meetingOil was little changed last week as a resurgence of coronavirus cases prompted several U.S. states to impose tighter travel restrictions th...13 Jul, 2020, 08.39 AM IST
- Opec+ ministers meet to review oil cuts, complianceOpec+ has been cutting output by a record 9.7 million barrels per day (bpd) since May 1.18 Jun, 2020, 07.22 PM IST
- OPEC+ panel meeting next week will advise on policy, not decide: SourcesOPEC, Russia and allies, known as OPEC+, agreed on Saturday to keep production cuts of 9.7 million barrels per day,12 Jun, 2020, 08.05 PM IST
- Opec+ to meet Saturday on extending cuts, pushing for complianceCuts have been due to taper to 7.7 million bpd from July to December.05 Jun, 2020, 04.51 PM IST
- Opec+ technical, ministerial committee meetings set for mid-June: SourcesJTC meeting will be held and then a day after that the JMMC meeting, one of the sources said.03 Jun, 2020, 09.40 PM IST
- Opec pushing Russia to support big oil cut amid coronavirusRussia has so far signalled it might be willing to agree to extending existing cuts, which expire in March, but might find it difficult to ...04 Mar, 2020, 05.08 PM IST
- OPEC+ panel recommends provisional 600,000 bpd oil output cut: Sources"The recommendation is for a cut of 600,000 bpd. Russia has asked for more time for consultations."06 Feb, 2020, 05.30 PM IST
- Oil rises on expected stockpile drop, but US output, possible Opec increase dragGlobal oil supply has tightened with the Opec-led production cuts that began in early 2017.05 Jun, 2018, 04.04 PM IST
- Kuwait oil minister says no calls within OPEC for policy changeKuwait's oil minister said on Monday there were currently no calls from within OPEC to change the oil-producing group's output policy.12 Oct, 2015, 03.16 PM IST
- OPEC chief Abdullah el-Badri confident of a balanced oil market in 2016Badri also admitted that the "market remains oversupplied", and insisted that stability is paramount to the crude market which faced "extre...12 Oct, 2015, 02.24 AM IST
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